Due to security and constant system updates the demo accounts on MT4will expire after 30 days of the creation date. Nevertheless a new demo account can be opened directly of the trading platform by following the below steps,

Open MT4 Platform

Select File - Open MT4 Account

Select server as ICM Capital -Demo - New Account

Enter all details and Accept to subscribe to newsletters

Be aware that if the personal information you provide is inaccurate or incomplete, your demo account may be deleted.

If you’d like to change the account leverage for any type of demo account, submit your request to the client services team quoting your account number and the leverage you’d like. Maximum leverage ICM Capital offer is 1:30 for retail clients.

Submit a request by sending an email to the team , quoting your account number and the currency you'd prefer. ICM Capital offers MT4 accounts denominated in the following currencies GBP, USD, EUR and PLZ.

No, since the spread is floating, it affects P/L calculations. It is important to note that even a fully hedged account may suffer losses due to rollover costs, exchange rate fluctuations or widening spreads. Such losses may even trigger a Margin Call.

We don’t charge commission on our accounts, Forex market costs are usually worked out on the bid-ask spread. ICM Capital charges no commission and is compensated through a mark-up which is added to the spread it receives from its liquidity provider. In addition, at ICM Capital we have no exchange fees and no clearing fees.

Forex and precious metal positions that are left overnight or over a weekend are subject to swap charges. The Swap rate varies for both Long and Short position can be viewed on each instrument through the MT4 platform on “specification”.

Leverage is borrowing money to supplement existing funds in such a way that the potential profit or loss is magnified. Leverage is vitally important to your trading activities. Choosing the wrong leverage could result in large losses and damage potential profits.

The leverage on your account plays a significant part in determining the amount of funds you need to put up for a trade.

ICM Capital we allow you to trade with a leverage of maximum 1:30 on your initial margin deposit. This means for example that with 1:30 for a margin deposit of $1,000, you can control $30,000 worth of currency.

When you First login the Application will ask if you would like to save password, by ticking this box the application will have you signed in even through the application is not running.

Removing the tick off the 'Save Password' option, will automatically log you out of the platform when the application is closed. That will mean every time you login you will be asked to enter your password. To be able to do this to an existing saved account on the application you will need to delete the account off your Account List, and re-enter the details making sure the Save Password option is not ticked off.

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spot FX work, and whether you can afford to take the high risk of losing your money. Read More